U.S. industrial-property vacancy is expected to remain at 7.3% through 2027, according to a revised forecast released Friday by CoStar Group. The outlook assumes a recovery in warehouse leasing will continue, even as new construction is projected to exceed demand...
Gaming and Leisure Properties is preparing to turn a former Illinois casino site into a major warehouse campus, an unusual step for a real estate investment trust whose holdings have been concentrated in gaming properties. The company disclosed additional terms of its...
The Trump administration has paid $87.4 million purchased a nearly 520,000-square-foot warehouse in Pennsylvania’s Berks County for use as an immigration detention center. ABC27.com reports the warehouse was acquired on behalf of the Department of Homeland Security...
Dallas-headquartered Dalfen Industrial announced the State of Florida purchased one of its buildings in the recently developed Midpoint Florida Logistics Center in Auburndale, Florida. The 423,000-square-foot warehouse has direct access to a full diamond interchange...
The e-commerce giant Amazon (NASDAQ:AMZN) has leased approximately 2 million square feet of industrial space across in two buildings in California. According to a Bisnow report sourced from Savills data. Amazon leased roughly 1 million square feet at a PGIM Real...